U.S. President Joe Biden, Mexican President Andres Manuel Lopez Obrador and Canadian Prime Minister Justin Trudeau will hold their first in-person meeting in Washington on Nov. 18, Mexico’s foreign minister Marcelo Ebrard said on Wednesday.
According to him, the meeting, which will be the first summit held by the three countries in five years, will address issues including the COVID-19 pandemic and boosting the competitiveness of supply chains in North America.
Ebrard told a regular government news conference alongside Lopez Obrador that Mexico will also be focusing on economic development in southern Mexico and Central America.
The announcement came a day after the U.S. ambassador to Mexico, Ken Salazar, said that he hoped concerns could be resolved which the United States and private companies have expressed over a Mexican legislative initiative to reform the electricity market.
The bill still in Congress spearheaded by Lopez Obrador seeks to give precedence to Mexico’s state-owned energy companies over private firms, and the leftist president was asked at the news conference if he would address the matter in Washington.
Lopez Obrador said it was not on the agenda, but that if it did come up, he would explain to Biden that Mexico was taking steps to make sure consumers were not subjected to price hikes.
The president argues that past Mexican governments rigged the electricity market in favor of private capital at the expense of consumers and the Mexican state.
Aside from participating in the leaders’ three-way meeting, Lopez Obrador would also hold bilateral talks with Biden and Trudeau in Washington, Ebrard said.
Mexico was billed to host the following summit of the North American leaders in 2023, he added.
The leaders started holding what is informally known as the Three Amigos summit in 2005 and met most years until 2016. The practice ended when U.S. President Donald Trump assumed office in January 2017.
The countries are bound together by the United States-Mexico-Canada (USMCA) free trade agreement that governs some $1.5 trillion in North American trade annually.
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Tagged as: US, Canada, Mexico, Summit.
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